Bitcoin's price jumped 7.89% to $78,589, driven by $606 million in US spot Bitcoin ETF inflows and a Treasury move to double bond buybacks, signaling strong institutional support and improved liquidity. The rally pushed Bitcoin above the $75,000 breakout level, supported by a short squeeze that liquidated $709 million in shorts, accelerating the price rise. However, the market faces a key support zone between $75,000 and $76,000, with risks of a pullback to $70,740 or lower if ETF demand fades or profit-taking occurs. Regulatory clarity and upcoming Treasury auctions will also influence Bitcoin's near-term trajectory.
Intel recently sold $20 billion worth of its stock at $95 per share. Since the sale, the stock price has dropped and is now trading below $93. This decline means investors who bought at the offering price are facing immediate losses. The price moveme...
Masayoshi Son holds 67% of SoftBank's U.S. stock portfolio in Intel shares. Despite this large stake, SoftBank did not purchase any additional Intel shares in the last quarter. This suggests a pause or cautious approach in expanding their investment ...
Joseph Devivo, CEO of Butterfly Network, sold 68,346 shares of the company. Insider sales like this can indicate personal financial decisions or strategic moves regarding the company's stock. Investors often watch such transactions closely as they ma...
Chip stocks declined this week not because of any industry-specific news but due to the 30-year Treasury yield reaching its highest level in 19 years. Rising long-term yields often pressure growth stocks like chipmakers, as higher rates increase borr...
XPeng Inc., a Chinese electric vehicle maker, is preparing to release its Q2 2026 earnings report with analysts expecting a loss of $0.06 per share but revenue of $3.02 billion. The company competes with Tesla, Nio, and Li Auto in the smart EV market...
